The inefficiencies of the current bank payments system are a source of frustration for both consumers and businesses. Delays, errors, and inconveniences are common, highlighting the urgent need for innovation. In the modern financial landscape, the demand for secure, fast, and error-free
June 20, 2024The financial technology sector is witnessing a pivotal transformation with the announcement of the acquisition of Irish digital banking company CR2 by Hightech Payment Systems (HPS), the Moroccan leader in payment software solutions. CR2, which surged into the spotlight during FinovateFall 2014 in
May 20, 2024The financial industry has been undergoing a profound and accelerated transformation driven by the innovation engine of financial technology, or fintech. This amalgamation of finance and cutting-edge tech is streamlining services, expanding access, and offering unprecedented convenience to
May 20, 2024In a momentous leap toward securing digital payment systems, the Reserve Bank of India (RBI) has inaugurated the Digital Payments Intelligence Platform, a dedicated framework tailored to monitor and mitigate the surge in online payment fraud. As the digital domain becomes increasingly intertwined
May 16, 2024The financial world stands on the brink of a transformative leap with Mastercard's Regulated Settlement Network (RSN). Spearheaded by Mastercard in collaboration with heavyweight U.S. banks and financial powers like Citi, JPMorgan, Swift, TD Bank, and Visa, this initiative signifies a decisive
May 8, 2024In a remarkable development that underscores the evolution of financial technology, Paystand has announced its acquisition of Teampay. This strategic move not only propels Paystand closer to its ambition of creating a comprehensive decentralized finance (DeFi) payment network, but it also marks a
May 2, 2024